Silicon Valley Journals 
FeedbackNow, a global leader in operational analytics for physical spaces, has secured Series A funding in a round led by Motivate VC, Uncorrelated Ventures, and AI Growth Capital Partners. The investment group acquired FeedbackNow from Forrester, with Steve Peltzman, a former Forrester executive, stepping in as the company’s new CEO. With the fresh capital, FeedbackNow … Read more
Workday announced its acquisition of Evisort, an AI-driven contract management platform, for an undisclosed amount. The move will integrate Evisort’s document processing capabilities into Workday’s existing finance and HR software suite. Terrance Wampler, Workday’s group general manager, stated that Evisort’s technology will help customers unlock valuable data by offering AI-powered document intelligence, enabling quicker insights … Read more
IBM has acquired Kubecost, a leading provider of Kubernetes cost monitoring and optimization software, to enhance its hybrid cloud cost management capabilities. As Kubernetes usage grows rapidly, with 84% of organizations adopting or evaluating the technology, managing costs for complex, container-based workloads has become a key challenge. IBM’s acquisition of Kubecost aims to address these … Read more
Adidas has announced the closure of its offices in Austria, which have housed the company’s running app operations since 2015. The decision, part of a larger consolidation of Adidas’ digital functions, will affect around 170 employees working in Pasching, Vienna, and Salzburg. These employees will be able to apply for new roles at Adidas’ other … Read more
Quality Manufacturing Corp., based in Urbandale, has announced the layoff of 68 employees, effective September 12, according to a notice posted on the state’s Worker Adjustment and Retraining Notification (WARN) website. The company, a full-service metal fabricator, is located at 4300 N.W. Urbandale Drive. The layoffs come as part of a restructuring effort within the … Read more
GreenLite, a construction technology company that aims to simplify and speed up the permitting process for builders, developers, and local governments, has raised $28.5 million in a Series A funding round. The round was led by Craft Ventures, with additional backing from 53 Stations, Trust Ventures, and LiveOak Ventures. This funding comes less than a … Read more
Roots Automation, the company behind the AI-powered Digital Coworker and InsurGPT™, the first generative AI model designed specifically for the insurance sector, has successfully raised $22.2 million in a Series B funding round. Led by Harbert Growth Partners, the round also saw participation from MissionOG, Liberty Mutual Strategic Ventures, and Vestigo Ventures. Unstructured data, such … Read more
Dunya Analytics, a company specializing in digital tools for biodiversity risk management, has raised $1.2 million in seed funding to advance its platform. The funding round was led by Synovia Capital, with additional support from investors including KDX and Persei Venture. This investment aims to help businesses simplify the measurement and management of biodiversity risks, … Read more
Red Lobster, the popular seafood restaurant chain, has officially exited Chapter 11 bankruptcy protection after receiving approval for its reorganization plan from a U.S. bankruptcy judge. The reorganization saw a lender group led by Fortress Investment Group acquiring the business, allowing the Orlando-based chain to emerge from bankruptcy in just four months. Financial Restructuring and … Read more
Vitelli’s Deli, a beloved fixture in the Victorville community, has shut its doors after more than two decades of service. The closure came as a surprise to both customers and employees, who were laid off without prior warning, marking the end of an era for the family-owned business. Kristen Ellison, who had worked at Vitelli’s … Read more